>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>ESSEX  >>VERONA BORO

User Friendly Budgets
2008

ESSEX - VERONA BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,7481,7761,803
spacing
Pupils on Roll - Special Full-Time298256275
Pupils on Roll - Special Shared-Time4710
Private School Placements201714
spacing
Pupils Sent to Other Districts-Reg Prog011
Pupils Sent to Other Dists-Spec Ed Prog688
Pupils Received430

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 174,963 144,953
Revenues from Local Sources:
Local Tax Levy 10-1210 22,389,852 23,437,661 24,689,393
Tuition 10-1300 188,935 145,154 71,510
Interest Earned on Capital Reserve Funds 10-1XXX 57 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 263,421 190,164 126,500
SUBTOTAL  22,842,265 23,772,979 24,887,403
Revenues from State Sources:
Transportation Aid 10-3120 34,325 34,325 0
Special Education Aid 10-3130 1,258,158 1,258,158 0
Bilingual Education 10-3140 6,092 6,092 0
Extraordinary Aid 10-3131 130,511 0 231,719
Consolidated Aid 10-3195 127,232 127,232 0
Additional Formula Aid 10-3196 42,774 86,831 0
Categorical Special Education Aid 10-3132 0 0 1,151,212
Categorical Security Aid 10-3177 0 0 151,087
Adjustment Aid 10-3178 0 0 69,782
Categorical Transportation Aid 10-3121 0 0 60,173
SUBTOTAL  1,599,092 1,512,638 1,663,973
Adjustment for Prior Year Encumbrances  0 16,268 0
Actual Revenues (Over)/Under Expenditures  -135,786 0 0
TOTAL OPERATING BUDGET  24,305,571 25,476,848 26,696,329
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 31,415 16,835 16,835
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 85,623 103,468 103,468
TOTAL REVENUES FROM STATE SOURCES  85,623 103,468 103,468
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 492,350 430,044 430,044
Other 20-4XXX 33,441 57,955 57,955
TOTAL REVENUES FROM FEDERAL SOURCES  525,791 487,999 487,999
TOTAL GRANTS AND ENTITLEMENTS  642,829 608,302 608,302
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 533,590 673,361
Revenues from Local Sources:
Local Tax Levy 40-1210 1,754,896 1,648,192 1,498,905
Miscellaneous 40-1XXX 1,407,528 0 0
TOTAL REVENUES FROM LOCAL SOURCES  3,162,424 1,648,192 1,498,905
Revenues from State Sources:
Debt Service Aid Type II 40-3160 404,199 403,146 402,091
TOTAL LOCAL REPAYMENT OF DEBT  3,566,623 2,584,928 2,574,357
Actual Revenues (Over)/Under Expenditures  -977,250 0 0
TOTAL REPAYMENT OF DEBT  2,589,373 2,584,928 2,574,357
TOTAL REVENUES/SOURCES  27,537,773 28,670,078 29,878,988

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX9,113,5939,952,35010,142,105
Special Education 11-2XX-100-XXX2,126,0851,982,1532,112,955
Basic Skills/Remedial 11-230-100-XXX77,22766,62971,763
Bilingual Education 11-240-100-XXX61,90262,28164,242
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX164,895175,536187,708
School Sponsored Athletics 11-402-100-XXX457,581469,565480,554
Other Instructional Programs 11-4XX-100-XXX66,57787,63191,950
Community Services Programs/Operations 11-800-330-XXX78,76365,00066,950
Support Services:
Tuition 11-000-100-XXX1,573,5231,522,2241,630,202
Health Services 11-000-213-XXX416,637424,317436,035
Students - Related & Extraordinary 11-000-216,217303,355311,725335,738
Guidance 11-000-218-XXX521,515542,943575,148
Child Study Teams 11-000-219-XXX781,225926,435974,707
Improvement of Instructional Services 11-000-221-XXX107,199104,95837,075
Educational Media Services - School Library 11-000-222-XXX390,414368,947403,633
General Administration 11-000-230-XXX592,825562,163546,197
School Administration 11-000-240-XXX1,332,4391,358,4301,418,467
Central Svcs & Admin Info Technology 11-000-25X-XXX433,706447,148408,179
Operation and Maintenance of Plant Services 11-000-26X-XXX2,057,6602,161,4302,339,714
Student Transportation Services 11-000-270-XXX526,668485,208480,869
Personal Services - Employee Benefits 11-XXX-XXX-2XX3,086,5513,353,5073,849,108
Total Support Services Expenditures 12,123,71712,569,43513,435,072
TOTAL GENERAL CURRENT EXPENSE 24,270,34025,430,58026,653,299
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X35,23146,26843,030
TOTAL CAPITAL EXPENDITURES 35,23146,26843,030
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 24,305,57125,476,84826,696,329
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX31,41516,83516,835
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX10,45611,01011,010
Nonpublic Auxiliary Services 20-XXX-XXX-XXX18,43769,37069,370
Nonpublic Handicapped Services 20-XXX-XXX-XXX33,54100
Nonpublic Nursing Services 20-XXX-XXX-XXX14,85015,20815,208
Nonpublic Technology Initiative 20-XXX-XXX-XXX7,1397,8807,880
Other Special Projects 20-XXX-XXX-XXX1,20000
Total State Projects 85,623103,468103,468
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX492,350430,044430,044
Other Special Projects 20-XXX-XXX-XXX33,44157,95557,955
Total Federal Projects 525,791487,999487,999
TOTAL GRANTS AND ENTITLEMENTS 642,829608,302608,302
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,589,3732,584,9282,574,357
TOTAL REPAYMENT OF DEBT 2,589,3732,584,9282,574,357
Total Expenditures 27,537,77328,670,07829,878,988

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/06
Audited
Balance
6/30/07
Estimated
Balance
6/30/08
Estimated
Balance
6/30/09
Unreserved:
  General Operating Budget630,544750,006605,053460,100
  Repayment of Debt563,8681,541,118673,3610
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve4,1684,2244,2244,224
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve30,01030,01000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2005-06
Actual
2006-07
Actual
2007-08
Original
Budget
2007-08
Revised
Budget
2008-09
Proposed
Budget
Total Comparative Per Pupil Cost10,33710,91011,37511,64711,919
Total Classroom Instruction6,8456,6196,9657,0447,188
Classroom-Salaries and Benefits6,3786,1516,5346,6176,781
Classroom-General Supplies and Textbooks351364330335355
Classroom-Purchased Services and Other1161051019252
Total Support Services1,1461,4491,4211,5501,590
Support Services-Salaries and Benefits1,0571,3021,3091,4371,498
Total Administrative Costs1,0861,3321,3111,3391,338
Administration-Salaries and Benefits8711,0651,0731,0851,130
Total Operations and Maintenance of Plant9471,1141,1361,1651,247
Operations & Maintenance of Plant-Salary & Ben.516630644635702
Total Food Services Costs00000
Total Extracurricular Costs276348356360369
Total Equipment Costs617152321
Employee Benefits as a % of Salaries18.519.119.919.421.4

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2008 Comparative Spending Guide and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance, when available. This publication is available in the board office and public libraries. The same calculations were performed using the 2007-08 revised appropriations and the 2008-09 budgeted appropriations presented in this advertised budget. Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition expenditures, transportation, residential costs, and judgments against the school district. For all years it also includes the restricted entitlement aids. With the exception of Total Equipment Cost, each of the other per pupil cost calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

 

Shared Services
  • TECHNOLOGY SHARED SERVICE WITH TOWNSHIP OF VERONA
  • CAFETERIA SHARED SERVICE WITH CALDWELL - WEST CALDWELL